FOR SALE BY OWNER
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5050 NW 7th St APT 709, Miami, FL 33126
5050 NW 7th St APT 709, Miami, FL 33126
$175,000
$346/sq ft
1 Bed
1.0 Bath
506 Sq Ft
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About This Property
Renovated to its original form Miami condo in 5050 NW 7th St #709, Miami, FL 33126. 1BR/1BA, updated finishes, new appliances, assigned parking, low maintenance, The property presents a workforce-housing investment asset located in one of Miami’s most active transit-linked corridors and strategically positioned between: The Miami International Airport (5 minutes from the property), the Blue Lagoon business district, which includes the Waterford and Bradford business districts on Northwest 57 Ave nearest to the property and Airport. It is also an ideal property for Corporate Business layover dwelling traveling to and from Miami gateway city to the Americas
This asset is characterized by:
Strong rental demand fundamentals in its location
Moderate cash flow potential
Positive appreciation trajectory – specially now with the emergence of the Freedom Park and Inter Miami Futbol soccer Stadium, Mall and multifaceted Amenities development complex in its adjacent area.
Asking $175,000., cash sale, buyer covers closing costs, with proof of funds required.
Property Type
Condo
Year Built
1973
Heating
Forced air; Electric
Cooling
Central
Features & Amenities
Interior Features
- Central
- Electric
- Forced air
- None
Property Owner
PO
Property Owner
Property Owner
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Estimated Monthly Payment
$1,206
Payment Breakdown
Principal & Interest
$931
Property Tax
$175
Home Insurance
$100
HOA Fees
$0
Loan Amount
$140,000
Total Interest Paid
$195,312
Total Cost
$335,312